Rates Get in the Cracks + Delaware's AI-Run Companies, Claude Duet & Check Your CPA With AI | Ep. 36

Send us Fan Mail 📍 CONNECT WITH DEVIN 🏠 Foresight CRM: (30-day free trial) 🛠️ Free Starter Skill Pack: 💼 LinkedIn: (Formerly Funds on Fire. Same show, new name.) The Fed held rates on Wednesday, and a Financial Times reporter asked Kevin Warsh whether, with so much of the economy about AI now, rates have to go higher than they would if housing was still the bigger story.

His answer was "interest rates get in the cracks." The next day Wall Street went looking for cracks in AI. Alphabet fell 12.6%, China's AI stocks are down 40% from their July peak, and Apollo's chief economist says AI has delivered zero financial payoff outside of tech.

Meanwhile Freddie Mac's rate sits at 7.24%. I walk through what that means for your deals and for the AI tools you're paying for.

In the headlines: Delaware is floating a new kind of company run by an AI agent, and the chair of the House Oversight Committee wants the paperwork. Anthropic opened a preview of Claude Duet, an agent that messages you first and is built to ask before it spends.

A new benchmark gave AI agents 50 real tax assignments, and the best one passed 10.8% of the time. Keller Williams, HomeServices of America, eXp's parent company and Real REMAX Group are building their own listings pipe called Open Real Estate.

And Inman found the share of agents' AI power users working mainly in agentic tools went from 9% to 30% in five months. This week's quick lesson is how to check your CPA with AI before year-end, in four steps, built on a real estate example from that tax benchmark that one AI caught and another missed. 🎯 KEY TAKEAWAYS 1.

The Fed held at 3.75% to 4% with two votes to hike, and another hike was penciled in as of last month. Stop waiting on cuts.

Freddie Mac is at 7.24%, so underwrite at 7.5%. 2. AI spending is big enough to move the economy, but Apollo's chief economist says it's shown zero financial payoff outside of tech.

Make every AI tool in your business show its number in 30 days, or cut it. 3. Delaware's draft would let an AI agent run a company and shield the owner from what it does.

Until the law says otherwise, if an AI tool can sign, send or spend in your business, your name is behind it. 4. Agents like Claude Duet are designed to ask before they send, pay, sign or delete.

Draw your own line: it can read anything and draft anything, and nothing with a number or a signature goes out until you've looked. 5. The best AI passed 10.8% of real tax assignments.

Use it to check your CPA, not to replace them: trace every number, ask what's missing, and walk in with five questions before December. ⏱️ TIMESTAMPS 00:00 Today on AI with REI 01:02 Intro 01:47 Delaware wants AI-run companies 04:00 Claude Duet, the agent that messages you first 06:43 The best AI passed 1 in 10 tax jobs 07:57 Open Real Estate: brokerages build their own listing pipe 09:46 Real estate agents go agentic 10:42 Main story: Rates get in the cracks 16:51 Quick lesson: check your CPA with AI 20:28 Close 🤝 SPONSOR Foresight CRM, the CRM hub for off-market work. AI that handles your seller and buyer texts, a pipeline from lead to contract, and dialer and foreclosure data in one place.

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